Energy
Poland’s PKN Orlen Said to Be Looking at Oil and Gas Assets in Romania
The Petromidia refinery, the most important asset of Kazakhstan’s KazMunayGas in Romania, as well as assets in the hydrocarbon production area of OMV Petrom, are on the radar of Poland’s PKN...
Romgaz Financial Assets Up RON1B to RON3.4B in Jan-Sep
Natural gas producer and supplier Romgaz (SNG.RO), the most valuable state-run company listed on the Bucharest Stock Exchange, had about RON3.4 billion in cash, cash equivalents and other fi...
Transgaz Signs RON220M Loan Agreement with BCR
National natural gas transmission company Transgaz (TGN.RO) signed on Thursday a 12-year RON220 million loan agreement with Banca Comerciala Romana (BCR) on Thursday, an announcement on the...
Bucharest, Most Active Recruitment Center Globally for Siemens Energy
Siemens Energy currently has over 110 positions opened for Bucharest, with this being the company’s most active recruitment center globally.
Gap Left by Weaker Green Power in Romania Covered by Costlier Conventional Power in Jan-Oct 2021
One of the factors behind the record high electricity prices was the weaker renewable power production. The gap was covered by gas, coal and hydro-based power.
Photon Energy Poised to Start Solar Energy Project Construction in 2022
Netherland’s Photon Energy says it is set to start construction of solar energy projects underway in Romania in 2022, with investors’ appetite for renewable power being high amid the high en...
Premier Energy Set to Further Expand Gas Networks
Romania’s current situation, where wood is the main heating source is an opportunity to expand gas networks, say the representatives of Premier Energy, the third largest gas supplier for hou...
Dutch Photon Energy Doubles Renewable Energy Portfolio in Romania
At the end of the first 9 months of 2021, Photon Energy had a project portfolio of around 218 MW under various stages of development in Romania, almost double the 117 MW capacity of early 20...
Hidroelectrica Has Biggest Renewable Power Portfolio in Romania Underway
Hidroelectrica, Romania’s biggest power producer, is in talks for a 2,000 MW wind and solar power project portfolio, the equivalent of three Cernavoda reactors. This is the biggest portfolio...